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NunoPinheiro

GBP/USD Hit Monthly Trendline Resistance

Short
British Pound / U.S. Dollar (OANDA:GBPUSD)  
NunoPinheiro  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
Price had a strong bullish run for the past 2/3 weeks, however this week, the bulls are showing loss of momentum as their testing a resistance level.
Also price is respecting a Trendline Resistance area, we could expect the bears entering to push price back down to the monthly support.
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